Active management

Advisers have turned into the new active investment managers.

Active management supplemented by local knowledge cannot be easily manufactured or automated, an expert says.

The firm is pushing into Europe and Asia-Pacific, but rolling back on the products that brought 75% of its assets in favor of actively managed funds.

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.

The firm’s growth last quarter was the biggest since the 2014 departure of its co-founder Bill Gross.

Actively managed mutual funds and ETFs that own domestic stocks experienced $98.5 billion in net redemptions in the first six months of 2017, according to Morningstar.

For those worried that high valuations guarantee trouble in the markets, data shows pricey equities can get even pricier.

Fundamental indexing is drawing more scrutiny, and greater concern about how these indexes are assembled.

Prices that reached an almost seven-month high in June have now dropped for five straight weeks, the longest slump this year.

The influence of index and ETFs is growing, but it's not destabilizing yet.